5949 Korback RoadSpring GreenWI53588
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Spring Green at 5949 Korback Road, Spring Green, WI, 53588 listed at $1,825,000 pairs $4,400/mo rent with a $8,932/mo payment. Total monthly income runs $4,400/mo. Return on cash invested measures 4.44% in year one, and rental yield registers 2.89% at a $1,825,000 basis. Equity gained on principal adds $11,776/yr, and annual property appreciation at 5% supports $504,214 by year five. Five-year ROI tracks 20.51% and total cumulative return in cash totals $121,284. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,400/mo property income relative to a $8,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53588, Spring Green, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,068 (100%) |
| Owner Occupied HU | 1,492 (72.1%) |
| Renter Occupied HU | 328 (15.9%) |
| Vacant Housing Units | 248 (12.0%) |
| Median Home Value | $351,393 |
| Average Home Value | $479,020 |
Housing Distribution
Address Breakdown
Residential
1,739
Single Family
1,694
Multi-Family
45
Businesses
214
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Listed by: Shelly Sprinkman • Sprinkman Real Estate
Mls Name: WIREX MLS
Mls ID: #2012622